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Trio of Macau casino operators hit with ‘ratings watch negative’ appraisals

December 13, 2021

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Macau

Prominent credit ratings agency Fitch Ratings Incorporated has reportedly assigned a trio of firms behind some of the largest casinos in Macau with a ‘ratings watch negative’ appraisals largely due to ongoing ‘...

Ohio legislators pass measure to legalize online and retail sportsbetting

Adam Morgan

December 10, 2021

Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, The Players Lounge, Sports betting, Online Gambling News, Taxation, Ohio

Ohio could soon become the next American state to legalize online and retail sportsbetting after legislators passed a measure late Wednesday night following over three years of indecision and debate. Accordi...

Full House Resorts Incorporated wins the Waukegan casino license race

Adam Morgan

December 9, 2021

Casino proposals, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Sports betting, Mergers, Acquisitions & Partnerships, Illinois

Following almost two months of consideration and the Illinois Gaming Board has reportedly selected Full House Resorts Incorporated as the recipient of the license to build and operate a casino resort in the cit...

Rush Street Gaming starts building its coming Rivers Casino Portsmouth

Adam Morgan

December 9, 2021

Virginia, Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Sports betting, Mergers, Acquisitions & Partnerships

In the southern American state of Virginia and casino operator Rush Street Gaming has announced the commencement of building work for its coming Rivers Casino Portsmouth development. The Chicago-headquartere...

Universal Entertainment Corporation eyeing New York casino license

Adam Morgan

December 9, 2021

Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships, New York

The firm behind the giant Okada Manila integrated casino resort has reportedly disclosed that it wants to participate in any contest that could see up to three new gambling-friendly developments brought to the ...

Chicago sportsbetting proposition stalls amid opposition to low tax rate

Adam Morgan

December 8, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Taxation, Illinois

The effort to pass legislation that would bring legalized sportsbetting to the American city of Chicago has reportedly stalled over claims that the measure’s suggested tax rate would bring in just ‘peanuts’ fro...

Cancellation blow for Macau junket giant Tak Chun Group

Adam Morgan

December 8, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime

Asian junket operator Tak Chun Group has reportedly confirmed that the lucrative cooperation agreements it held with Macau’s collection of six licensed casino operators have been unilaterally cancelled. Acco...

Interim reprieve for operation of electronic gaming machines in Virginia

Adam Morgan

December 7, 2021

Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, The Players Lounge, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation

In the southern American state of Virginia and a local judge has reportedly issued a temporary injunction to prevent law enforcement officials from shutting down the retail operation of popular slot-like electr...

Thailand inaugurates body to investigate legalization of casino gambling

Adam Morgan

December 6, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Thailand

The government of Thailand has reportedly established a special cross-bench body that is to be tasked with considering a variety of measures that could well lead to the legalization of some casino gaming. Ac...

Tough couple of months for American online sportsbetting operators

Adam Morgan

December 3, 2021

NFL, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

The individual value of stocks in some of the largest online sportsbetting operators in the United States including DraftKings Incorporated and Penn National Gaming Incorporated have reportedly taken a hit over...

Local campaign threatening Nagasaki Prefecture casino bid

Adam Morgan

December 3, 2021

Gaming Law & Legislation, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and a group of citizens opposed to the campaign to bring an integrated casino resort to Nagasaki Prefecture has reportedly submitted a petition calling on the local government to halt the entire effort...

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

Adam Morgan

December 3, 2021

U.S.A., Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Newest casino games, Gaming Industry News, Economy/Finance, The Players Lounge, Licenses, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

American casino operator Churchill Downs Incorporated reportedly saw the value of its shares rise by 5.7% yesterday on news that it is potentially exploring the option of selling off its TwinSpires-branded onli...

Nevada Gaming Control Board recommends San Manuel Band of Mission Indians for licensing

Sadonna Price

December 2, 2021

Latest Casino and Gambling News, Tribal Gaming, Las Vegas, Licenses, Nevada

On Wednesday, the Nevada Gaming Control Board decided to approve the San Manuel Band of Mission Indians for licensing. The tribe is looking to acquire a closed off-Strip resort, and the unanimous licensing appr...

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Adam Morgan

December 2, 2021

Casino News, Latest Casino and Gambling News, Australia, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime

In Australia and casino operator Crown Resorts Limited has reportedly rejected an improved takeover proposal from American private equity management firm The Blackstone Group Incorporated. According to a rep...

Official online sports betting rules now complete in New York; services may begin in early 2022

Sadonna Price

November 29, 2021

Latest Casino and Gambling News, Licenses, Sports betting, New York

Online sports betting is moving closer to fruition in New York. The State Register recently published the official rules for services, giving instruction to approved sportsbooks on how they should function. The...

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Trio of Macau casino operators hit with ‘ratings watch negative’ appraisals

Ohio legislators pass measure to legalize online and retail sportsbetting

Full House Resorts Incorporated wins the Waukegan casino license race

Rush Street Gaming starts building its coming Rivers Casino Portsmouth

Universal Entertainment Corporation eyeing New York casino license

Chicago sportsbetting proposition stalls amid opposition to low tax rate

Cancellation blow for Macau junket giant Tak Chun Group

Interim reprieve for operation of electronic gaming machines in Virginia

Thailand inaugurates body to investigate legalization of casino gambling

Local campaign threatening Nagasaki Prefecture casino bid

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

Nevada Gaming Control Board recommends San Manuel Band of Mission Indians for licensing

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Official online sports betting rules now complete in New York; services may begin in early 2022

Macau Gaming Tax Revenue Hits MOP$45.3 Billion in H1 2025

IGY Marinas to Lead Operations at Wynn Al Marjan Island Superyacht Marina

PAGCOR Orders Removal of Gambling Billboards in Effort to Curb Addiction

UK Gambling Commission Overhauls Penalty System for Greater Transparency

European Parliament Approves Gibraltar’s Removal from EU’s High-Risk List